Trump Pledges US Aid to Lebanon, Saying Stability and Respect Are Priorities US President Donald Trump pledged increased US aid to Lebanon on Tuesday, saying the country has “suffered for …
announces
-
Business
UAE Announces Plan to Eliminate Strait of Hormuz Oil Reliance by 2026
by James Bryantby James BryantUAE aims to eliminate oil-sector reliance on Strait of Hormuz by Dec. 31, 2026 UAE Minister Thani Al Zeyoudi announced a push to reduce the country’s oil-sector reliance on the …
-
UK cuts VAT on electricity in first move as new PM promises relief for households UK Prime Minister Andy Burnham has scrapped VAT on electricity bills, saying the cut will …
-
Business
UAE Federal Tax Authority announces 27% rise in VAT refunds for new citizen homes
by James Bryantby James BryantUAE VAT refund for new homes surges to 4,000 claims in H1 2026 UAE VAT refund for new homes reached 4,000 approved claims worth AED 353.5m in H1 2026 as …
-
Business
ADNOC announces AED22.6bn investment to develop Umm Shaif gas cap
by James Bryantby James BryantADNOC approves AED 22.6bn final investment for Umm Shaif gas cap project ADNOC approves AED 22.6bn final investment for Umm Shaif gas cap project with TotalEnergies, Eni and CNPC to …
-
Business
Empower announces 23,400-ton district cooling plant in Al Sufouh 2
by James Bryantby James BryantEmpower signs contract for Al Sufouh 2 district cooling plant with 23,400 refrigeration tons capacity Empower awards contract for a 23,400 refrigeration-ton district cooling plant in Al Sufouh 2; construction …
-
US strikes on Iran end after targeting command centres, naval assets and air defences U.S. military says latest US strikes on Iran have ended after targeting command centers, naval assets, …
-
Business
Hayy Dubai Fund announces eight new investments, expands proptech and AI focus
by James Bryantby James BryantDubai Future District Fund Adds Eight New Investments in 2025, Expands Proptech and AI Focus Dubai Future District Fund adds eight commitments in 2025, expanding its portfolio to 30 investments …
-
Kuwait air defences intercept missile and drone attacks, General Staff says Kuwait’s General Staff reports that Kuwait air defenses are actively intercepting incoming missile and hostile drone attacks, with explosions …
-
Business
UAE announces 37 trade deals as logistics upgrades push non‑oil trade toward AED2 trillion
by James Bryantby James BryantUAE Trade Agreements Advance as Non-Oil Foreign Trade Nears AED2 Trillion UAE trade agreements are expanding rapidly as the country finalises pacts and boosts logistics, helping non-oil foreign trade approach …